Derivatives Trader recruitment
Our prop shop, trading since 2011, has a growing presence on a number of markets. We employ a small team of experienced trading and technology professionals.
The trader will work in a team of marketmakers / prop traders focused on providing liquidity in the major European equity index options venues. The function involves operating a high frequency electronic trading software, managing phone-based flow and identifying trading opportunities. As part of a small group, the trader has exposure to a broad range of products and tasks. The responsibilities include managing position risk, optimising the trading routine, the strategy and system, analysing historical data as well as being on top of current news developments relevant to the market.
Experience
- Two or more years of professional derivatives trading experience, with a focus on exchange listed options and a solid grounding in option theory
- Understanding of position/risk management and hedging greeks exposures
- Work with electronic trading systems and experience of phone-based trading with brokers
- The ideal candidate will have specific knowledge of European index options, experience with volatility arbitrage or market making
Skills
- Communication, time management and teamwork
- Strong mathematical ability including mental arithmetic and understanding of option pricing models
- Proficiency in using macros and VBA for Excel to support the trading process